Retirement

Whether you are in your twenties or your sixties, we can tailor a retirement
solution just for you. Automatic savings plans, IRAs, 401(k) rollovers, asset
management and
annuity alternatives.

What are your goals for retirement?

Retirement planning is all about getting what you want out of retirement – money for travel, hobbies, leisure activities, early retirement, volunteer work – and also having the financial flexibility to deal with medical and other unforeseen circumstances that may arise. We take the time to listen to your needs and help you take the steps necessary to achieve your goals.

How can I save for retirement when I’m struggling to pay my bills every month?

No matter where you fall on the income spectrum, there are people who make much more than you who are living beyond their means and people who make much less than you who manage to save money each month.

The key to building wealth is not how much you make, but spending a little less than what you make, whatever that level is.

If you are not a natural saver – and the statistics show that most Americans are
not – it helps to have an automatic savings plan, so you are saving first and
not trying to save out of what’s left at the end of the month, which is often
nothing.

Account Overload?

I’ve got a 401(k) plan at work, a Roth IRA, a Rollover IRA, a separate investment account and my spouse has a number of accounts as well. How do I manage my investments effectively across all these different accounts?

Check out our Asset Allocation services that help you balance your portfolio across all of your accounts.

Is an IRA right for me?

There are two main types of IRAs:

Roth IRA - contributions are made with after-tax assets (no upfront tax deduction), but all transactions within the IRA have no tax impact, and withdrawals are usually tax-free.

Traditional IRA - contributions are often tax-deductible (made with pre-tax assets) and all transactions and earnings within the IRA have no tax impact, but withdrawals at retirement are taxed as income.

Income restrictions and tax considerations may determine which option is right for you.

The maximum for an IRA contribution in 2008 is $5,000. Individuals aged 50 and older can contribute up to $6,000. This limit is for Roth IRAs, Traditional IRAs, or some combination of the two.

Most IRAs limit available investments to traditional brokerage accounts such as stocks, bonds, and mutual funds. We can help you set up an account today.

Should I rollover my old 401(k) into an IRA?

If you still have an old 401(k) or other qualified retirement plan from a previous employer, chances are that you are paying more in hidden administration fees and have far fewer investment options than you would if you rolled it over into an IRA.

It would also be easier to keep most of your accounts in one place to help reduce the complexity of managing your investments.

We can help you set up an account, complete the paperwork and select investments that fit in with your overall plan.

Speak to a Retirement Specialist

Contact us today to set up a free initial consultation or just to learn more about what we can do for you.